§ Mr. David AtkinsonTo ask the Chancellor of the Exchequer what estimate he has made of the cost of making central Government computer systems euro compliant. [43941]
§ Mrs. LiddellGovernment Departments have investigated the impact of the launch of the euro on their computer systems. Early indications are that these are limited. But the situation may change depending on the extent to which the euro is used in the United Kingdom while we are outside the euro zone. The situation will be closely monitored.
IT implications are unavoidable if the United Kingdom joins the single currency. The Chancellor of the Exchequer has not made an estimate of the cost of making these changes as the cost of adapting central Government computers would depend on the detailed arrangements governing the transition to the single currency.